Tag Archives: DoubleU LLC

IGT settles long-standing DoubleDown lawsuit at a cost of $269m

IGT

IGT Plc has settled ‘in principle’ its multi-million-dollar lawsuit filed by ‘Benson Matters’ made against its former DoubleDown subsidiary.  This morning, the NYSE gambling technology group announced that it had agreed to contribute a $269m payment of a wider settlement of $415m that will end legal proceedings that have been ongoing since 2018. Acquired in 2012 for $500m, DoubleDown is …

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